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And in spite of what you might have heard from some people who are talking today, they were good jobs. And since the economic recovery began, we've created over 18 million jobs. We've cut taxes, slashed inflation by two-thirds, sliced interest rates in half.
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So, they're promising to reverse everything we've done. Now, of course, the liberals still don't understand how we were able to get rid of their economic crisis, their "malaise'' - that was their word, remember - their inflation, their gas lines. But today America is in the longest peacetime expansion ever recorded in our history - 71 months. When Vice President Bush and I took office 8 years ago, America was in the worst economic crisis since the Great Depression. Yes, the choice before the American people this year is just as clear as it was in 19: a choice between, on the one hand, liberal policies of tax and spend economic stagnation international weakness and always, always "blame America first'' and on the other hand, what we believe: the policies of limited government, economic growth, individual opportunity, a strong defense, and always "I pledge allegiance to the flag of the United States of America.'' Now, from top to bottom, from President to Congress to local office, especially here in Arkansas, this is what is at stake: The election this year is a referendum on liberalism. And ladies and gentlemen, George Bush is that man. I know who should be the man at the desk. I also know what is required to be President of the United States. For 8 years, George Bush and I have worked side by side in the White House, during times of crisis and times of historic triumph and achievements. For 8 years, we've worked together to rebuild our economy, to get America on the move again, to make the United States once again the great arsenal of democracy, a light unto the nations, the champion of freedom around the world. Well, today I've come to Little Rock for a very special reason: because I want to talk to you about a friend of mine, the next President of the United States, George Bush. I have to say the Arkansas Razorbacks and the UCA Bears are my kind of teams.
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And one of them told me about some teams that are undefeated after seven games, nationally ranked, moving up, and that has some of the greatest football fans in the United States. Now, you know, as President, a lot of important papers cross my desk. And it's great to be back in Little Rock and great to hear those seven bands, those terrific bands. And Mary Anne Stephens, Chesley Pruet, Ed Bethune, I thank you all very much. Thank you all very much, and thank you, John Paul.